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Solid foundation: A strengthening housing market is expected to foster industry expansion



Abstract

Deck & Patio Construction

Demand for deck and patio construction is heavily correlated with the housing sector and, as a result, revenue for the industry has been moderately volatile over the five years to 2016. Lingering effects from the recession caused the housing market to recover slower than the rest of the economy early in the five-year period. However, improving economic conditions, coupled with record-low interest rates, enabled the residential construction market to grow rapidly in recent years, benefiting industry participants. Over the five years to 2021, the Deck and Patio Construction industry is set to expand, albeit more slowly. Rising demand from homeowners and home developers will foster this expansion; however, rising raw material costs and continued competition among industry participants will limit profit growth.

This industry constructs outdoor living areas, including decks and patios, for residential and commercial clients. Industry operators perform new construction, reconstruction

and repairs.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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Table Of Contents

Deck and Patio Construction - Industry Market Research Report

TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS and MARKETS
Supply Chain
Products and Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology and Systems
Revenue Volatility
Regulation and Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON and GLOSSARY

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